Close to 250 S corporation banks across the country sponsor an employee stock ownership plan. ESOPs can be an effective tool in the right situation to create a market for bank stock, obtain tax incentives, raise capital and reward employees with the ability to own bank stock. This program will explore the advantages and disadvantages of ESOPs and dispel myths associated with them. Even if your bank has an ESOP, the program will provide useful information on how you can get more out of your ESOP.